Hero Motors IPO
Market Sentiment
IPO Details
IPO Reservation
Financial Analysis
| Metric | 2022 | 2023 | 2024 | December 2024 |
|---|---|---|---|---|
| Revenue | 921.15 | 1,070.00 | 1,083.42 | 823.80 |
| Expense | 849.25 | 1,016.24 | 1,059.11 | 799.28 |
| Profit (PAT) | 99.02 | 40.51 | 17.04 | 22.39 |
| Total Assets | 703.13 | 992.02 | 1,059.86 | 1,177.79 |
| Company | EPS | P/E | Market Cap (Cr) |
|---|---|---|---|
| CIE Automotive India Limited | 21.03 | 21.14 | 16 |
| Endurance Technologies Limited | 48.38 | 54.37 | 14 |
| Sona BLW Precision Forgings Limited | 8.83 | 54.44 | 20 |
| UNO Minda Limited | 15.36 | 70.44 | 20 |
| Varroc Engineering Limited | 34.43 | 16.20 | 58 |
Promoters: Pankaj Munjal, Charu Munjal, Abhishek Munjal and O P Munjal Holdings
| Shareholding | No. of Shares | Holding % |
|---|---|---|
| Promoter Holding Pre Issue | 35,83,36,019 | 91.41% |
Strengths & Risks
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
- Thin profit margin — 1.6%.
- Modest return on equity — 5%.
- Elevated leverage — debt/equity of 1.76.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Hero Motors Limited is one of the leading companies in the case of design, development, and supply of advanced powertrain solutions to OEMs in the US, Europe, India, and ASEAN. The company offers a variety of products used in different types of vehicles, such as two-wheelers, e-bikes, high-performance cars, off-road vehicles, electric and hybrid cars, heavy-duty vehicles, and eVTOL aircraft. The company is blessed with various products, as its products are deployed in various things such as bikes, e-bikes, cars, off-road and heavy vehicles, electric and hybrid models, and flying vehicles like eVTOLs. Hero Motor Limited has two main business areas: Powertrain Solutions, systems that help vehicles move by turning energy into motion. Alloys and Metallics, which are Special materials used in electric, fuel-based, and hybrid vehicles, are suitable for all types of powertrains.
| Purpose | Amount (Cr) |
|---|---|
| Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by our Company | 285.00 |
| Capital expenditure of our Company through purchase of equipment for expansion in capacity of our Gautam Buddha Nagar, Uttar Pradesh facility | 237.00 |
| Funding inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes | - |
Resources & Documents
Hero Motors Ltd., Hero Nagar,, GT Road,, Ludhiana, Ludhiana, Punjab, 141003
Hero Motors is preparing a sme offering for an issue size of Rs 1,200 crore. The SME issue is in the upcoming pipeline with dates yet to be finalised.
Hero Motors Limited is one of the leading companies in the case of design, development, and supply of advanced powertrain solutions to OEMs in the US, Europe, India, and ASEAN. The company offers a variety of products used in different types of vehicles, such as two-wheelers, e-bikes, high-performance cars, off-road vehicles, electric and hybrid cars, heavy-duty vehicles, and eVTOL aircraft.
The issue is promoted by Pankaj Munjal, Charu Munjal, Abhishek Munjal and O P Munjal Holdings with ICICI Securities Limited, Dam Capital Advisors Ltd, Jm Financial Limited acting as lead manager. Net proceeds will primarily be used towards Repayment/prepayment/redemption, in full or in part, of certain outstanding borrowings availed by our Company (Rs 285 crore) and Capital expenditure of our Company through purchase of equipment for expansion in capacity of our Gautam Buddha Nagar, U… (Rs 237 crore).
On fundamentals, the company is posting revenue growth of 1.3%, a profit margin of 1.6%, return on equity of 4.5% in its most recent reported period. Listed peers in this segment include Varroc Engineering Limited (P/E 16.20x, market cap Rs 58 crore) and Sona BLW Precision Forgings Limited (P/E 54.44x, market cap Rs 20 crore) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Hero Motors IPO GMP — What It Means
No active grey market premium has been recorded for Hero Motors IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.
See the full Hero Motors GMP history and trend, or learn how grey market premium works and how reliable it is.
Related IPO
No comments yet. Be the first to share your opinion!